“VietinBank Aims High with Ambitious 2025 Business Plan”
VietinBank, or the Vietnam Joint Stock Commercial Bank for Industry and Trade, with the stock code CTG, has just released its Board of Directors’ resolution, approving and announcing its 2025 business plan targets.
As per the resolution dated September 3, 2025, VietinBank aims for an 8-10% total asset growth this year. Additionally, the bank targets a remarkable VND 32,500 billion in standalone pre-tax profit for 2025.
The bank plans to continue expanding its credit balance in line with the growth limit approved by the State Bank of Vietnam. Deposit growth will be aligned with the pace of credit expansion to ensure compliance with safety ratios. The bad debt ratio, as per Circular 31, is to be maintained below 1.8%.
In the second quarter of 2025, VietinBank recorded a consolidated pre-tax profit of VND 12,097 billion, a remarkable surge of nearly 80% from the previous year, leading the stock market. For the first six months, the bank achieved VND 18,900 billion in pre-tax profit, a 46% increase year-on-year, ranking second in the industry after Vietcombank (nearly VND 21,900 billion).
When compared to other Big4 banks, VietinBank’s performance surpasses that of BIDV (around VND 10,000 billion in Q2) and Agribank, as well as several private banks such as Techcombank (VND 7,899 billion in Q2).
According to the report “Outlook for the Last Months of 2025” by Vietcombank Securities Company (VCBS), VietinBank is expected to maintain a credit growth rate equivalent to the industry average of 16.9% this year. The net interest margin (NIM) is anticipated to improve in the second half, benefiting from both deposit and lending activities.
VCBS also believes that VietinBank effectively manages its asset quality. With some restructured clients completing their trial period and moving to lower-risk debt groups, the bank can reverse provisions in the second quarter. Based on this, VCBS projects VietinBank’s pre-tax profit for the full year 2025 to reach approximately VND 36,966 billion, a 26% increase from 2024, surpassing the bank’s set plan.
“Aggressive Foreign Sell-Off Ahead of Holiday Lull”
The Vietnamese stock market witnessed another volatile session on August 29th. The VN-Index ended the day slightly higher, gaining just over 1 point. Domestic funds made a strong comeback, boosting liquidity, while foreign investors continued to offload Vietnamese shares, with net sell orders totaling more than VND 3,500 billion.
Claim Your Government Gift – Double the Joy with VietinBank
Embracing the joyous spirit of the country’s 80th anniversary of the August Revolution and National Day on September 2nd, the government is gifting 100,000 VND to every Vietnamese citizen. This generous gesture is being directly transferred to bank accounts, ensuring a swift, secure, and transparent process.
“Top Banks Guide: Linking Your Bank Account to Receive Social Security Benefits on VNeID”
“The recent collaborative effort by major banks to guide individuals through the process of receiving social security payments with ease, via their VNeID bank accounts, is a noteworthy development. This initiative ensures a streamlined and accessible approach to managing finances, with detailed instructions provided by these financial institutions.”
“TNG Seeks Additional 650 Billion VND in Bank Loans to Boost Capital”
“TNG is seeking a substantial loan of 650 billion VND from VietinBank’s Thai Nguyen branch to bolster its working capital and facilitate its business operations. This loan will be utilized to obtain guarantees and letters of credit, essential tools to enhance the company’s financial liquidity and support its dynamic business endeavors.”
VietinBank to Auction My Khe Duc Long Hotel
Introducing, the Vietnam Joint Stock Commercial Bank for Industry and Trade – Gia Lai Branch (VietinBank Gia Lai) as it announces its 7th auction of secured assets from Duc Long Dung Quat Limited Company.
